Noble acquires 14-asset Marriott, Hilton and Hyatt hotel portfolio
The company is further planning to invest in physical enhancements of the acquired assets.
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Saudi’s Public Investment Fund and Cain invest $900m in Aman Group
The deal values hospitality company Aman Group at $3bn.
Marriott opens first Fairfield brand property in Costa Rica
The new hotel features one restaurant, three event spaces, a fitness centre and a convenience store.
Accor opens first ibis Styles property in Semarang, Indonesia
The 127-room hotel features a gym, an all-day dining restaurant and a separate event space.
Al Khoory Group opens new four-star property in Dubai
The Shariah-compliant hotel has multiple room options that range from superior and deluxe rooms to premium and courtyard suites.
Star Asia Group invests in two Japanese hotel operating companies
Star Asia has become one of the largest shareholders in Greens Co. and Washington Hotel Corp.
Easton’s Group of Hotels acquires property in Kingston, Canada
Four Points by Sheraton Kingston features 169 guestrooms and nearly 18,000ft2 of space for meetings and events.
Radisson Hotel Group plans major expansion in Vietnam
The group will open a representative office in Ho Chi Minh City to offer on-the-ground support to local owners.